ITC secures Competition Commission approval for acquisition of Aditya Birla Real Estate’s pulp and paper business on slump sale basis.
Dec 17, 2025
ITC Limited has received approval from the Competition Commission of India (CCI) for its proposed acquisition of the pulp and paper business of Aditya Birla Real Estate Limited, operated under the brand Century Pulp & Paper.
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The approval was granted through a letter dated December 16, 2025, and disclosed by ITC in an exchange filing under Regulation 30 of SEBI Listing Regulations.
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The acquisition will be executed as a going concern on a slump sale basis, in line with the terms earlier communicated to stock exchanges on March 31, 2025. With CCI clearance, a key regulatory condition for completing the transaction has been fulfilled.
